Hasbro Inc. /zigman2/quotes/201249319/composite HAS -3.62% shares rose 3.4% in Monday trading after the toy maker was upgraded to buy from neutral at UBS based on the earnings growth potential from the Entertainment One acquisition. UBS maintained its $117 price target. The $4 billion acquisition, which was announced in August, includes Peppa Pig and a film and television division. UBS expects 13% earnings-per-share accretion in 2021 and nearly 18% in 2022. Hasbro has since announced a third-quarter earnings miss, which the company said was impacted by tariffs. "After a weak Q3 and a meaningful reset in numbers, we see more than 20% upside to shares, driven by better-than-expected revenue and cost synergies from eOne and gaming portfolio momentum," analysts said. "The stock appears to be pricing in a lackluster holiday season, combined with further tariff disruption and no upside to $130 million of initial synergy guide." UBS channel checks show a pickup in Q4 sales. Hasbro stock is up 22.3% for the year to date while the S&P 500 index /zigman2/quotes/210599714/realtime SPX -4.42% is up nearly 25% for the period.